Chevrolet Spark EV Lease as Low as $199 per Month

Could save owner average $150 monthly in fuel costs based on EPA
assessments

DETROIT--May 23, 2013: Chevrolet announced today a low mileage lease on the
new 2014 Spark EV 1LT for as low as $199 per month* for 36 months, with
$999 due at lease signing including security deposit (tax, title, license
dealer fees extra), making the vehicle one of the most affordable EVs on
the market.

Spark EV’s Manufacturer’s Suggested Retail Price starts at
$27,495 – as low as $19,995 net of the full federal tax credit which
ranges from $0 to $7,500 – and includes $810 destination freight
charge.

Depending on their tax situation, California Spark EV owners may also
qualify for other state and local tax credits and incentives ranging from
$0 to $2,500, potentially reducing the price to $17,495. Spark EV owners in
California are also eligible for High-Occupancy Vehicle, or carpool lane,
access.

Compared to the average new gas-powered vehicle, the Spark EV can save
drivers, on average, about $150 per month in fuel costs based on EPA
assessments.**

The Spark EV will be available at select Chevrolet dealers throughout
California and Oregon beginning mid-June 2013.

“The Chevrolet Spark EV is the most efficient – and now one
of the most affordable - EVs you can buy” said Chris Perry, vice
president, Chevrolet Marketing. “Combined with outstanding
infotainment and great design, the fun-to-drive Spark EV is engineered to
impress.”

Spark EV will be the first vehicle on the market to offer as an
available option compatibility with the recently approved SAE combo charger
for DC Fast Charging. The capability, available shortly after launch, will
enable the Spark EV to recharge up to 80 percent of its capacity in
approximately 20 minutes at select DC Fast Charging stations when they
become available. Unlike most competitors, the Spark EV’s battery
system is capable of handling multiple compatible DC Fast Charges daily.
Charging can also be completed in less than seven hours using a dedicated
240V charge. A 120V charge cord set comes standard. Charging can be managed
and monitored remotely using the Spark EV’s smart phone application,
provided by OnStar, which is standard for three years.

Connectivity to Enhance Efficiency

The 2014 Chevrolet Spark EV will offer several forms of in-vehicle
connectivity, including the MyLink infotainment system that includes a
seven-inch touch screen and integration with third-party apps and features
such as Siri Eyes Free, Pandora and BringGo navigation. These features
require the user to purchase third party apps separately on a compatible
smart phone. See Chevrolet.com/MyLink for more details. The Spark EV
RemoteLink application is designed to enhance the overall ownership
experience with fingertip interaction and control. The application, which
requires compatible smart phone and active OnStar subscription:

Because the Spark EV operates only on electricity, drivers will need to
know if they can reach their destination on a single charge. The Spark EV
Waypoint tab, which is integrated into the RemoteLink app, can quickly plot
a waypoint route with recommended charging stations if the route is beyond
the vehicle’s remaining range.

The Spark EV comes with three years of OnStar Directions and Connections
service, which includes Automatic Crash Response, stolen vehicle assistance
and connected navigation.

Chevrolet will also provide customer assistance via a Spark EV advisor.
Dealers will provide on-site dedicated Spark EV service and sales experts.
To be among the first to purchase a Spark EV, customers can visit their
nearest participating Chevrolet Spark EV dealer. A Spark EV dealer locator
is available on Chevy Spark EV.